Global Aerospace Underwriting Management is reviewing...
Global Aerospace Underwriting Management (GAUM) is reviewing its arrangements with Converium following the credit rating downgrades suffered by the reinsurer.
It is understood that Converium provides 27.25% of GAUM's underwriting capacity. GAUM has annual premium income of more than $1bn and insures many of the world's leading airlines.
Converium shares plunged 16% yesterday on the back of an S&P downgrade from A to BBB.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
